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Access Bank, UBA, GTB, 7 others increase loans by N1.84 trillion in 9-month

by Bamidele Samuel Adesoji

Access Bank, UBA, GTB, 7 others increase loans by N1.84 trillion in 9-month

The average sub-Saharan African barely has 404 kilowatt hours of power – SEForAll

Appointments

Nigerian gets top United Nations appointment

by Chidinma Nwagbara

The UN Secretary-General has appointed Damilola Ogunbiyi as his special representative for Sustainable Energy for All and Co-Chair of United...

External reserves, CBN to hold MPC meeting next week, Demand for credit by household increases in Q2 2020 - CBN, CBN grants licenses to 3 Payment Service Banks, Mobile money loan CBN Governor, CBN, Three PSBs get Apex Bank’s provisional to commence operations, Milk Import: Experts advise CBN on FX restriction , CBN automates trading system, introduces electronic form to facilitate exports , CBN campaigns for Made-in-Nigeria products , CBN recent macroeconomic policies, others lead to a higher Fitch rating; from negative IDR to a stable ‘B’ rating, AGSMEIS: CBN expand beneficiaries to 14,638.

CBN automates trading system, introduces electronic form to facilitate exports

by Joseph Olaoluwa

Electronic forms for the purpose of commercial exports (e-Form NXP) has been introduced by the CBN to phase out hard...

Transcorp records N6.7billion Profit After Tax in Q3; maintains a positive revenue outlook

by Bamidele Samuel Adesoji

Transcorp Group recorded a Gross revenue of N58.28 billion and posted a Profit Before Tax of N7.36 billion. Total Assets...

Governor Fayemi explores investment options with the capital market, Nigerian Stock Exchange, Top 10 stockbrokers trade N120.4 billion worth of stocks in November , Law Union & Rock Insurance Plc Announces Notice of Board Meeting and Closed Period, NSE Hosts First Virtual Automated Trading System (ATS) Broker Certification Training Programme, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion, Nigerian bourse close flat, triggered by low market liquidity, Industrial index down by 5.7%, as shares of BUA, Lafarge, Dangote, others decline on NSE

Macro weakness: Justification for cheap Nigerian stocks?

by CSL Stockbrokers

Following close of yesterday’s trading session, the Nigerian equities market traded at a P/E ratio of 6.88x.

Blurb

Akwa-Ibom, Ondo, Taraba, 3 others spend over N100 billion on unviable airports

by Abiola Odutola

Ten Nigerian Banks have increased their loan disbursement to customers by N1.84 trillion in the first three quarters of 2019....

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN boosts cotton production with N19bn loan

by Chidinma Nwagbara

In a bid to revive the cotton and textile sector, the CBN has approved a loan of N19.18 billion to...

poor, performance, International Breweries, Quick Take: International Breweries' poor performance extends into Q3

Quick Take: Poor performance extends into Q3

by CSL Stockbrokers

International Breweries (IntBrew) reported a 16.7% y/y growth in Net Revenue to N97.3 billion in 9M 2019 from N83.3 billion...

Ecobank cancels charges on the use of USSD code

by Chidinma Nwagbara

October 29, 2019

Ecobank Nigeria Limited has announced the cancellation of charges on USSD (Unstructured Supplementary Service Data) services for its customers. This...

Oando Clean Energy Limited Part of Nigeria Delegation to COP27